Last post on May 05, 2013 at 2:30 PM
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#19772 of 19798 good ripples in Michigan
by steve_ HOST
Feb 15, 2013 (6:59 am)
"GM, Ford Motor Co. and Chrysler Group LLC — plan to hand out more than $780 million in profit-sharing checks.
GM will pay 49,000 U.S. hourly workers up to $6,750 each, Ford will pay 45,800 U.S. hourly workers an average of $8,300 each, and Chrysler Group LLC this month paid 31,000 U.S. hourly workers an average of about $2,250.
The combined per-worker total of $17,300 is only slightly lower than the $17,875 total the three automakers paid out in 1999, according to the UAW. It's also $2,600 higher than the combined bonuses last year."
UAW members in southeast Michigan to share $360M in profit-sharing checks (Detroit News)
#19773 of 19798 Re: good ripples in Michigan [steve_]
Feb 15, 2013 (8:59 am)
Profit sharing/bonuses make a lot more sense here than a higher wage base, for which the company would be forever stuck with along with the increased pension costs that go along with an increase in the base wage. Plus, the bonus system keeps the workers feet to the fire, so to speak. They (and the company) have to perform or no profit sharing.
It would be interesting to what the C-Level executives pulled down as bonuses for the same period.
#19774 of 19798 A step in the right direction.
Feb 15, 2013 (10:00 am)
San Diego voted for cutting Union Pensions last November. It will likely end up in the SC. In the meantime it is the law. Hopefully other cities will do this to protect the tax payers from underfunded pension plans.
SAN DIEGO — An administrative law judge with the state’s Public Employment Relation Board, or PERB, has ruled San Diego leaders should have negotiated with labor unions on eliminating pensions before taking the issue to the ballot
City Attorney Jan Goldsmith said this ruling changes nothing. He said the issue was brought to vote through a citizen’s initiative process, which is protected through the State Constitution.
"We’re not gonna back down one iota, I can tell you that," he said. "Because the people do have a right under direct democracy to bypass the city council, to bypass the state legislature, to bypass the labor unions, and to bypass PERB. This is a constitutional right, no different than the first amendment."
Goldsmith said the city had anticipated this outcome. San Diego must now go to a PERB review panel and can then go to the courts. The process could take years. In the meantime, Goldsmith said the city can continue to implement the voter approved switch to 401(k)s for most new city employees.
PERB had filed several lawsuits against the city, asking the courts to first take pension reform off the ballot, and then to delay implementing it once voters approved the measure.
http://www.kpbs.org/news/2013/feb/13/state-agency-rules-against-san-diegos-pensi- - on-refo/
#19775 of 19798 This could be the D3 UAW
Feb 20, 2013 (7:17 am)
"Keep your so-called workers," U.S. boss tells France
By Emmanuel Jarry and Catherine Bremer | Reuters
PARIS (Reuters) - The CEO of a U.S. tire maker has delivered a crushing summary of how some outsiders view France's work ethic in a letter saying he would have to be stupid to take over a factory whose staff only put in three hours work a day.
Titan International's Maurice Taylor, nicknamed "The Grizz" for his negotiating style, told the left-wing French industry minister in a letter published by media on Wednesday that he had no interest in rescuing a plant set for closure.
"The French workforce gets paid high wages but works only three hours. They get one hour for breaks and lunch, talk for three and work for three," Taylor wrote on February 8 in the letter in English to the minister, Arnaud Montebourg.
"I told this to the French union workers to their faces. They told me that's the French way!" Taylor added in the letter, which was posted by business daily Les Echos on its website and which the ministry confirmed was genuine.
"Titan is going to buy a Chinese tire company or an Indian one, pay less than one Euro per hour wage and ship all the tires France needs," he said. "You can keep the so-called workers."
Socialist President Francois Hollande might take some comfort in Taylor's view of his own country's business policies: "The U.S. government is not much better than the French," he said, referring to a dispute over Chinese exports.
#19776 of 19798 Re: This could be the D3 UAW [gagrice]
by steve_ HOST
Feb 20, 2013 (9:36 am)
Heh, just posted that over in Buying American Cars. The WSJ link there has a copy of the letter up.
#19778 of 19798 Re: No place like home in the Packard Plant [gagrice]
by steve_ HOST
Mar 06, 2013 (7:18 am)
He's got his computer and he has net access, so he's set. Reminds me of Whittier AK.
#19779 of 19798 Re: No place like home in the Packard Plant [steve_]
Mar 06, 2013 (7:25 am)
He probably has cable in there. Has to be cold though.
Last time I was in Whittier was around 1973. Before they started to renovate that military building. We hauled my landlord's boat over on the train, and spent several days in Prince William Sound fishing. From Google maps it looks a lot different today.
#19781 of 19798 Re: Hunger in Suburbia? [lemko]
Mar 12, 2013 (10:56 am)
I live in a somewhat upscale rural area. I am amazed at how many Caddies and Mercedes are parked in the lot on food bank days. Ralph's gives out food to anyone that wants it. Mostly fresh veggies, potatoes, onions, lettuce etc. along with bread and day old pastries. This depression is hitting right up into the upper middle classes. Living at the ragged edge can really get a family. No problem if you got kids. They will dump buckets of money on you.